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Peru's Economy Grew 3.3%

Updated April 4, 2002 12:01 a.m. ET

Peru's gross domestic product rose 3.3% in February from the same month a year earlier, the National Statistics Institute said Wednesday. That increase was much lower than the forecasts made by government officials and by those in the private sector.

February's increase in economic activity came mainly from better performances in mining, farming and in the construction sector, the government said. Peru's GDP has now expanded for seven consecutive months, starting from August last...